Litecoin summary


Litecoin is an open-source, peer-to-peer cryptocurrency that forked from Bitcoin in 2011


  • Faster transactions that Bitcoin
  • 2.5 min block time compared to Bitcoins 10 min.
  • Low transaction fees- long term avg <$0.10


  • Low merchant adoption
  • More vulnerable to a 51% attack than other top 10 coins


Future upgrades like Lightning network and Atomic swaps could potentially turn Litecoin into a powerhouse. This would allow instant transactions and even lower fees which could make Litecoin the #1 transaction Currency.


Litecoin is currently considered the silver to Bitcoins gold. It will need to shake off this misconception to fulfill its potential.

Other prominent coins that could take litecoins market share are Bitcoin Cash and Dash.


Litecoin has been around for a long time and will likely still be going strong in 5 years. Whether it stays in the top 10 will depend on how well it can stay agile and implement new technology.

  •   Over 80+ Currency pairs. No verification to trade crypto to crypto.
  • Fees: As low as 0.1% trading fee
  • Supported countries: Worldwide
  • Deposit methods: BTC, ETH, LTC, NEO & BNB

  •   60+ Altcoins available.  User friendly.
  • Fees: 1-3%
  • Deposit currencies: AUD*, BTC, LTC, DOGE
  • Payment methods: BPAY, POLi, cash, cryptocurrency

Disclaimer- The Information on this website is provided for education and informational purposes only. The Information contained in or provided from or through this website is not intended to be and does not constitute financial advice

One thought on “Litecoin summary”

  1. Hello ,

    I saw your tweets and thought I will check your website. Have to say it looks very good!
    I’m also interested in this topic and have recently started my journey as young entrepreneur.

    I’m also looking for the ways on how to promote my website. I have tried AdSense and Facebok Ads, however it is getting very expensive. Was thinking about starting using analytics. Do you recommend it?
    Can you recommend something what works best for you?

    I also want to improve SEO of my website. Would appreciate, if you can have a quick look at my website and give me an advice what I should improve: (link removed)
    (Recently I have added a new page about FutureNet and the way how users can make money on this social networking portal.)

    I wanted to subscribe to your newsletter, but I couldn’t find it. Do you have it?

    Hope to hear from you soon.

    Maybe I will add link to your website on my website and you will add link to my website on your website? It will improve SEO of our websites, right? What do you think?

    Jan Zac

Leave a Reply